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Norway’s Wealth Fund Votes to Defy Paris Climate Accord

Norway’s $1-trillion sovereign wealth fund has voted against climate targets, advocated for by several international institutional investors, as the fund’s excessive reliance on global stocks suggests acceleration in global manufacturing would improve its profitability. Kristian Rouz — Norway’s $1-trillion sovereign wealth…

The Wheels of History

Historians and pundits often compare historical trends to graph lines on a chart, with political moods rising and falling like the heart rate of a cardiac patient. Alternatively, there’s the proverbial pendulum, swinging from left to right, right to left.…